Marine Acoustic Sensors Market Share

Market Share of Marine Acoustic Sensors Industry

The market studied is fragmented with the presence of major players like BAE Systems PLC, Garmin Ltd, Teledyne Marine Technologies (Teledyne Technologies Incorporated), Ocean Sonics Ltd, and Geospectrum Technologies Inc. Players in the market studied are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

• June 2023 - Thales reinforced its collaboration with the Italian Navy by inaugurating a new integrated service center at the La Spezia naval base. This center will serve as the exclusive service partner of the Navy for the upkeep of sonar systems installed on minesweeper vessels and the waterfront support of frigate vessels operating in the Naval Bases of Naples and Taranto.
• In January 2023, the company announced the acquisition of a new GaviaOsprey AUV by the Royal Netherlands Institute for Sea Research (NIOZ). NIOZ is the Netherlands' national oceanographic institute conducting multidisciplinary applied marine research to address major scientific questions about the company's oceans and seas. NIOZ studies the ocean's role in changing climate from equator to pole, from the continental shelf to the deep ocean, and from present to past.

Marine Acoustic Sensors Market Leaders

1. BAE Systems PLC

2. Garmin Ltd

3. Teledyne Marine Technologies (Teledyne Technologies Incorporated)

4. Ocean Sonics Ltd

5. Geospectrum Technologies Inc.

*Disclaimer: Major Players sorted in no particular order